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Reply to "Where do you bank if you have a high net worth?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We have Citi Private Banking, also through DH’s firm. We got a lower mortgage rate and get much more personalized service. [/quote] What is your mortgage rate? What services do you require? [/quote] DP but we use Citi private bank. Our mortgage rate is 2.5 and we have a banker I email about stuff. That part isn't really worth it but the access to low rates is. [/quote] Ours is 2.5 also, from a mortgage broker back in 2021, I don't think they are actually underpricing the market.[/quote] Citi private bank gave me 1% unsecured 2 million credit line when I was buying a second home. Think it would be more now but not over 2%. [/quote] Curious about the economics of these banks lending money so far below prime. Paying 4 or 5 percent on deposits and lending at 2 percent? Sounds implausible…[/quote]
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